State of Texas – Fiscal Management

Manual of Accounts

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Fund 0587 – Local Project Fund

Inactive

This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Legal Citations:
Origin Date:
Issue Date:
Revised Date:

Purpose

Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies

Financial Activity

To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:

Notes

Formerly to receive proceeds from the sale of general obligation bonds. The money was used to make loans to local governments to finance the cost of public facilities through the purchase of local government obligations. Not more than $10 million of the bond proceeds was used for challenge grants.

USAS Values

USAS Title LOCAL PROJECT FUND
Consolidated Fund
State Fund Group 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP
USAS Status I


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